Property Description
New construction duplex offering a stabilized investment opportunity with strong in place income. Built approximately 3 years ago, both units feature modern construction, efficient layouts, and all major systems less than three years old, including roof, HVAC, plumbing, electrical, and appliances. Everything is essentially brand new. The property offers just over 1,800 square feet total and is fully occupied with tenants in place. Both units are leased into 2026 at market driven rental rates, offering immediate income with long term stability. Financials support an attractive cap rate at the current price point, making this an appealing option for both investors and owner occupants. Located in Flood Zone X, the property has never experienced flooding. This is a turnkey, low maintenance asset in a highly desirable South Tampa location that offers flexibility for both investors and owner occupants. A buyer could enjoy living in one unit while offsetting their mortgage with rental income from the other, or continue operating the property as a fully stabilized investment. An ideal opportunity for those seeking immediate cash flow, long term value, and minimal capital expenditure concerns.
Features
Heating System:
Central
Cooling System:
Central Air
Exterior Features:
Fence
Interior Features:
Thermostat
Laundry Features:
Inside, Laundry Room
Sewer:
Public Sewer
Utilities:
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Address Map
Country:
US
State:
FL
County:
Hillsborough
City:
Tampa
Subdivision:
BROADMOOR PARK REV
Zipcode:
33609
Street:
STATE
Street Number:
3921
Street Suffix:
STREET
Longitude:
W83° 29' 26''
Latitude:
N27° 57' 6''
Directions:
Turn right onto W State St
Mls Area Major:
33609 - Tampa / Palma Ceia
Street Dir Prefix:
W
Unit Number:
1 & 2
Zoning:
PD
Additional Information
Lot Size Dimensions:
50x100
Water Source:
Public
On Market Date:
2026-01-15
Number Of Units Total:
2
Foundation Details:
Slab
Construction Materials:
Block
Financial
Tax Annual Amount:
8632.96
Listing Information
List Agent Mls Id:
261565196
List Office Mls Id:
261559997
Mls Status:
Active
Modification Timestamp:
2026-01-15T23:48:09Z
Originating System Name:
Stellar
Special Listing Conditions:
None
Status Change Timestamp:
2026-01-15T23:09:38Z

Residential Income For Sale

3921 W State St #1 & 2, Tampa, Florida 33609

4 Bedrooms
4 Bathrooms
1,831 Sqft
$760,000
Listing ID #TB8465251
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
TB8465251
Price :
$760,000
Bedrooms :
4
Bathrooms :
4
Square Footage :
1,831 Sqft
Year Built :
2023
Lot Area :
0.11 Acre
Property Sub Type :
Duplex
Roof:
Shingle
Agent info
Contact Agent

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